Bishopville National Bank (Bishopville, SC)

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Bishopville Bank Pays 25% Dividend

J. C. Seabury, receiver for the Bishopville National Bank of Bishopville, announces the payment of a dividend of 25 per cent on March 22. 1934 to the creditors of said bank who have properly proven their claims with him. The dividend checks are now ready for distribution, so anyone entitled to receive same will please call at the bank and present their receiver's certificate of proof of claim. Checks will be mailed only to outof-town creditors. This is the third dividend paid by this receiver since this bank suspended on January 2, 1932, and makes total of 50 per cent distributed to the unsecured creditors. All of the secured creditors have been paid in full. and all loans obtained by the receiver from the Reconstruction Finance Corporation to assist in the payment of these dividends have been repaid in full.

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BISHOPVILLE NATIONAL PAYS DIVIDEND TODAY

(Special The Record) BISHOPVIL March 22.-The Bishopville National bank started paying off a 25 per cent dividend today, according to an announcement from J. C. Seabury, receiver for the bank. The checks were distributed to the creditors upon the presentation of their receiver's certificate Or proof of claim. Checks were mailed to out-of creditors. This is the third dividend paid by the receiver since the bank suspended business January 1. 1932, and makes total of 50 per cent distributed to the depositors. The receiver said that all loans obtained from the Reconstruction Flnance corporation to assist in the payment of these dividends, have been repaid in full.

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Dividend Declared For Bishopville National Bank

C. Seabury. receiver for the Bishopville National Bank announces the payment of a dividend of twenty-three per cent on Wednesday, Aug. 22. to the creditors of the bank who have properly proven their claims with him The dividend checks are now ready for distribution. No dividend checks will be delivered to anyone until they have signed a proper form of receipt and presented their receiver's certificate of proof of claim in order that said dividend may be endorsed on the back thereof This is the fourth dividend paid by this receiver since this bank suspended on January 2. 1932, and makes a total of seventy three per cent distributed to the unsecured creditors. The present dividend is being paid partly from funds collected by the receiver in the ordinary course of liquidation of the bank and partly from the proceeds of another loan obtained from the Reconstruction Finance Corpora tion. This loan is secured by lien on till of the remaining assets of the bank and must be repaid in full, with interest. before*any further dividend disbursement can be considered by the receiver.

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BISHOPVILLE BANK DIVIDEND

Bishopville, April 10.—J. C. Seabury, receiver for the Bishopville National Bank of Bishopville, announces the payment of a dividend of 10% on April 10, 1935 to the creditors of said bank who have properly proven their claims with him. The dividend checks are now ready for distribution.

This is the fifth dividend paid by this receiver since this bank suspended on January 2, 1932, and makes a total of 83% distributed to the unsecured creditors and all secured and preferred creditors have been paid in full. The present dividend is being paid partly from funds collected by the receiver in the ordinary course of the liquidation of the bank and partly from proceeds of another loan obtained from the Reconstruction Finance Corporation. This is the fourth loan obtained by the receiver from this corporation to assist in paying dividends and the loan is secured in full, with interest, before any further dividend disbursement can be considered by this receiver.

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BISHOPVILLE BANK PAYING DIVIDEND

Special to The State. Bishopville, April 11.—J. C. Seabury, receiver for the Bishopville National bank, has announced the payment of a dividend of 10 per cent. April 10 to the creditors of the bank who have properly proved their claims. The dividend checks are now ready for distributions, and those entitled to receive checks are urged to call at the bank promptly and present their receiver's certificates.

This is the fifth dividend paid by the receiver since this bank suspended January 2, 1932, and makes a total of 83 per cent. distributed to the unsecured creditors. All secured and preferred creditors have been paid in full.